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Neenah, SWM announce operating structure, future executive leadership team for combined company, effective when pending merger completes; new company to report results from two segments--Advanced Technical Materials and Fiber-Based Solutions

SWM CEO expects 4x leverage after merger but sees US$450M EBITDA enabling debt reduction, CapEx, dividend payouts; Neenah CEO points to filtration, protective films, release liners, healthcare/sustainable packaging as ‘high growth’ areas to focus on

Neenah Q1 2022 Earnings Call - Transcript

Neenah's Q1 net income drops 31% year-over-year to US$5.7M, driven by 33% spike in cost of products sold to US$236.5M; net sales rise 25% year-over-year to US$284.8M, reflecting higher volume in both segments, sales price increases to offset costs

Neenah launches paper-based medical packaging capable of withstanding radiation, autoclave and ethylene oxide sterilization processes; product is an alternative to polymer-based or kraft medical packaging traditionally used for single-use applications

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